TRF Balance Sheet Health
Financial Health criteria checks 5/6
TRF has a total shareholder equity of ₹488.8M and total debt of ₹890.1M, which brings its debt-to-equity ratio to 182.1%. Its total assets and total liabilities are ₹3.4B and ₹2.9B respectively. TRF's EBIT is ₹313.5M making its interest coverage ratio 2.4. It has cash and short-term investments of ₹1.3B.
Key information
182.1%
Debt to equity ratio
₹890.07m
Debt
Interest coverage ratio | 2.4x |
Cash | ₹1.25b |
Equity | ₹488.84m |
Total liabilities | ₹2.88b |
Total assets | ₹3.37b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 505854's short term assets (₹2.9B) exceed its short term liabilities (₹1.8B).
Long Term Liabilities: 505854's short term assets (₹2.9B) exceed its long term liabilities (₹1.1B).
Debt to Equity History and Analysis
Debt Level: 505854 has more cash than its total debt.
Reducing Debt: 505854 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: 505854's debt is well covered by operating cash flow (134.3%).
Interest Coverage: 505854's interest payments on its debt are not well covered by EBIT (2.4x coverage).